PREPARE A BILL OF EXCHANGE FROM THE FOLLOWING DETAILS.

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PREPARE A BILL OF EXCHANGE FROM THE FOLLOWING DETAILS.

• Drawer: Soundariya, Neelam Bhawan, Kalyan
• Drawee: Sugandi, Dastur Nagar, Amaravati
• Payee: Umesh, Deogad
• Period: 90 days
• Amount: Rs. 7,555
• Date of bill: 15th March 1995
• Accepted on: 20th March 1995

Solution:

BILL OF EXCHANGE

STAMP

₹ 7555/-

Soundariya,
Neelam Bhawan,
Kalyan.
15th March, 1995.

Ninety days after date pay to Umesh, Deogad or his order the sum of Rupees Seven Thousand Five Hundred and Fifty Five only for the value received.

sd/-
Soundariya.

To,
Sugandi
Dasthur Nagar,
Amaravati

Accepted
sd/-
Sugandi
(20th March, 1995)

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